787 Broad Street Unit #25, Corolla

$699,000

MLS#: 105748 Property Type: Residential Address: 787 Broad Street Unit #25 City / Zip: Corolla, NC 27927 Area: Corolla Oceanside County: Currituck Neighborhood: BI-Buck Island Bedrooms: 8 Bathrooms: 6 1/2 Bathrooms: 2 Heated Sq Ft: 4,975 Year Built: 1998 Zoning: Res Date Listed: 07/08/2019

Agent's Comments

TWO BEAUTIFUL HOMES in ONE! Sellers are MOTIVATED TO SELL! Bring an OFFER TODAY! Welcome to 787 Broad Street, a luxury duplex style home located in the prestigious gated community of Buck Island in Corolla, NC. Immaculate, modern and completely updated on both sides, this home offers the perfect opportunity to own a second home and a vacation rental all in one. Rent one side and use one side for your own personal enjoyment! Each side features 4 bedrooms and 3 ½ bathrooms, game room, one car garage, hot tub, private decks, laundry room, and an open concept kitchen/dining/living area. The furniture and décor are absolutely stunning throughout the entire home and shows the care and hard work the current owners have put into this beautiful property. Each side earns approximately $34K in annual gross rental income making this an incredible investment opportunity! Conveniently located within walking distance to dining, shopping and entertainment in Corolla as well as all of the community amenities that Buck Island has to offer: community pool, tennis courts, playground and beach cabana service. Beautifully landscaped with great curb appeal, this is a must see high-quality home! New rental projection has this home grossing over $86,000 ($43,000 per side) in annual rental income! This home is an EXCELLENT INVESTMENT OPPORTUNITY! Reserve peak summer weeks on one side for yourself and still be able to generate rental income from the other side!

*Listing provided courtesy of the Celebration Realty.
Interior Features
  • Air Conditioning: Central, Heat Pump, Zoned
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Stackable Washer/Dryer
  • Countertops: Granite
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s)
  • Floor Covering: Carpet, Tile, Wood, Cork
  • Furnishings Available: Yes
  • Heating: Central, Heat Pump, Zoned
  • Interior Features: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Master Bath, Pantry
  • Water: Municipal
External Features
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Exterior: Cement Fiber Board
  • Foundation: Piling, Slab
  • Garage: Attached
  • Lot Description: Level
  • Parking: Paved, Off Street
  • Pool: Yes
  • Pool: Association Pool
  • Rool Type: Association
  • Roads: Paved, Private
  • Roof: Asphalt/Fiber Shingle
  • Sewer/Septic: Municipal Sewer
  • Style: Contemporary, Reverse Floor Plan
  • Waterfront Location: None
Additional Features
  • Associated Document Count: 10
  • Contruction: Frame, Wood
  • County: Currituck
  • Deed Book: 877
  • Deed Book Pg: 293
  • Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement.
  • Ownership: Owned More than 12 Months
  • Rental Company: Corolla Classic Vacations
  • Rental Cottage Number: BU1A BU1B
  • Status Date: 2019-08-21
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Zoning: Res
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Listings provided courtesy of Celebration Realty and the MLS of the Outer Banks Association of Realtors®, Inc.

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Ken Baittinger
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Email: ken@outerbanksblue.com
Office Phone: (252) 255-0482 x310
Cell Phone: (252) 305-5255